Missouri vs New Mexico for MLO Licensing
Total Fees
$246.25
MO
vs
$341.25
NM
Pre-Licensing
20 hrs
MO
vs
20 hrs
NM
Timeline
8-16 wks
MO
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Missouri | New Mexico |
|---|---|---|
| Total Fees | $246.25 ✓ | $341.25 |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 8-16 weeks | 6-12 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $50 ✓ | $150 |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Missouri is $95 cheaper for total licensing fees.
Winner: Missouri
→
Processing Speed
New Mexico processes applications in 6-12 weeks.
Winner: New Mexico
Category Winners
Lower Cost
Missouri $246.25
vs New Mexico ($341.25)
Fewer Hours
Missouri 20 hrs
vs New Mexico (20 hrs)
Faster Processing
New Mexico 6-12 wks
vs Missouri (8-16 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →Compare More States
Compare Missouri MLO License
MO vs AL MO vs AK MO vs AZ MO vs AR MO vs CA MO vs CO MO vs CT MO vs DE MO vs FL MO vs GA MO vs HI MO vs ID MO vs IL MO vs IN MO vs IA MO vs KS MO vs KY MO vs LA MO vs ME MO vs MD MO vs MA MO vs MI MO vs MN MO vs MS MO vs MT MO vs NE MO vs NV MO vs NH MO vs NJ MO vs NY MO vs NC MO vs ND MO vs OH MO vs OK MO vs OR MO vs PA MO vs RI MO vs SC MO vs SD MO vs TN MO vs TX MO vs UT MO vs VT MO vs VA MO vs WA MO vs WV MO vs WI MO vs WY
Compare New Mexico MLO License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs DE NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IN NM vs IA NM vs KS NM vs KY NM vs LA NM vs ME NM vs MD NM vs MA NM vs MI NM vs MN NM vs MS NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SC NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY